66445 5th Street Desert Hot Springs, CA $ 339,950
66445 5th Street
$ 339,950
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66445 5th Street

Desert Hot Springs, CA, 92240
$ 339,950
Baths0.0

Monthly Estimate*

$ 2,146

Listed by eXp Realty of California, Inc.
66445 5th Street, Desert Hot Springs, CA 92240 - Image 1
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66445 5th Street, Desert Hot Springs, CA 92240 - Image 8
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66445 5th Street, Desert Hot Springs, CA 92240 - Image 14
Studio

Multi-Family Home for sale in Desert Hot Springs, CA

for $339,950. This home was built in 1980 on a lot size of 0.16.

Maximize your rental yield with this turnkey, centrally located duplex in the heart of Desert Hot Springs. Featuring strong tenant history, individual meters, and good rental history. This asset is optimized for cash flow from day one.OVERSIZED HOMES: Note these units are extremely easy to rent due to their rare and huge 1144 sq foot living spaces. Financial & Investment Highlights: Gross Rental Income: Unit A generates $1,495/month; Unit B generates $1,330/month. Guaranteed Cash Flow: Approximately half of Unit B's rent is securely subsidized by the Housing Assistance Program (HAP). Tenant-Paid Utilities: Units are individually metered for electricity and gas to keep owner expenses low. Owner Expenses: Covered costs are water and trash services.Property Configurations & Amenities: Unit A (2 Bed / 1 Bath): Generates $1,495/month in market-rate rent from a reliable occupant. Unit B (2 Bed / 1 Bath): Generates $1,330/month with predictable, with 50% government-backed HAP assistance payments. Spacious Layouts: Mirrored floorplans boasting 1,144 square feet of optimized living space per unit. Climate Control: Energy-efficient central heating and AC paired with cooling ceramic tile and luxury vinyl bedroom flooring. Kitchens: Full appliance setups including a dishwasher, gas stove, and refrigerator with a built-in breakfast bar. In-Unit Laundry: Separate laundry inside each unit to maximize tenant retention and convenience. Exterior Features: Large, covered front patios for outdoor relaxation and off-street parking accommodating up to four vehicles. Possible small RV or boat parking too.Prime Central Location: Walker's Paradise: Located in central Desert Hot Springs with a two-minute walk to daily necessities like the Dollar General and dining at Las Palmas Mexican Restaurant

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Multi-Family Active

Price

$ 339,950

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.16

Year Built

1980

Town/City

Desert Hot Springs

County/Region

Riverside

MLS | Web ID

219150828DA

Days on Market

5

Features
General
Sewer Unknown
Heating Forced Air Natural Gas
Cooling Central Air Gas
Possession Close Of Escrow
Appliances Dishwasher Disposal Gas Range Refrigerator Vented Exhaust Fan Water Heater
HOA Fee 0
Garage Spaces 0
Year Built 1980
Tenant Pays Electricity Gas
County Riverside
New Construction false
Property Type Residential Income
Subdivision Name Agua Dulce
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions North on Palm left on 5th
City Desert Hot Springs
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 2
MLS Area 340 - Desert Hot Springs
Lot Size Units Square Feet
Lot Size Square Feet 6970
Carport Spaces 4
Carport Y/N true
Number of Units Leased 2
Listing Terms Cash Conventional FHA VA Loan
Property Attached Y/N true
Land Lease Y/N false
Additional Parcels Y/N false
Rent Control Y/N false
Standard Status Active
Year Built Source Assessor
Total Actual Rent 2745
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Interior
Flooring Tile Vinyl
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Entry Level 1
Total Baths 0
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Exterior
Parking Features Covered Shared Driveway Side By Side
Lot Features Near Public Transit
Total Parking 12
Lot Size Area 6970
Number of Buildings 1
Spa false
Lot Size Acres 0.16
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Exp Realty Of California, Inc.

Broker

chris@christownson.com

Email

Affordability Calculator

$2,146
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,146
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2026$339,950 Listed Price

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66445 5th Street, Desert Hot Springs, CA, 92240 is a Multi-Family Home for sale at $339,950 with a lot size of 0.16. 66445 5th Street is a studio with 0.0 baths and was built in 1980. The property's zip code is 92240 which is in Desert Hot Springs, CA